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FECOF does not currently pay a dividend.
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FEC Resources Inc. is an oil and gas company primarily focused on the exploration and development of energy properties within the Philippines. The company holds a 6.8% equity interest in Forum Energy Limited, which provides it with an indirect 70% stake in the GSEC101 offshore license. This significant license covers approximately 10,360 square kilometers of sea, located to the northwest of the Philippine island of Palawan. Established in 1982, FEC Resources Inc. operates from its headquarters in Vancouver, Canada.
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") is pleased to report that PXP Energy Corporation ("PXP") agreed to convert its outstanding loan of $1,011,155.88 plus accrued interest to July 31, 2025 of $146,604.90 into shares of FEC at $0.0088 per FEC share.
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") reports that on May 15, 2025 it received a cease trade order (CTO) from the British Columbia Securities Commission ("BCSC").
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") received a request for a repayment plan from PXP Energy Corporation ("PXP") with respect to the $738,206 principal and approximately $88,443 of accrued interest due to PXP by the Company.
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2024) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") received a request for a repayment plan from PXP Energy Corporation ("PXP") with respect to the $678,206 principal and approximately $72,133 of accrued interest due to PXP by the Company.
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2024) - FEC RESOURCES INC. (OTC PINK: FECOF) ("FEC" or the "Company") has noted the disclosure made by PXP Energy Corporation with respect to a share for share exchange with Tidemark Holdings Limited for shares of Forum Energy Limited ("Forum").